The problems encountered by transitional economies trying to become well-functioning market economies involve:
A) taking steps to raise the inflation rate.
B) reducing private property rights.
C) eliminating all welfare programs and social safety nets.
D) changing public perception that capitalism is evil.

Question

Quizplus · Accepted Answer

Transitional economies often need to change public perception about capitalism to encourage acceptance and participation in a market economy.

The Problems Encountered by Transitional Economies Trying to Become Well-Functioning